Electronic Fund Transfer Act (EFTA) Processing Costs Visa 
Stax
NOVEMBER 11, 2024
They are an additional type of payment you can take along with debit card transactions and credit card payments from card networks like Mastercard, Visa, American Express, and Discover. When you’re selling products or services that cost thousands of dollars, you end up paying hundreds of dollars in credit card fees.
Stax
SEPTEMBER 24, 2024
It’s meant to incentivize customers to pay using cash and reduce the costs associated with accepting electronic payment methods. On the other hand, surcharging passes the processing cost to the customer. On the other hand, surcharging passes the processing cost to the customer.
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